Cause IQ organization profile

People's Energy Cooperative

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

People's Energy Cooperative is a public utility based in Oronoco, MN that was founded in 1936. As of 2019 they had $50 million in revenue and $157 million in assets.

To distribute electricity to the members of the electric cooperative. To distribute electricity to the members of the electric Cooperative. To distribute electricity to the members of the electric Cooperative.

Previous legal names or variations of their name include: People's Cooperative Services.

EIN:
41-0473341
City:
State:
Metro:
Website:
Founded:
1936
Type:
501(c)(12)
NTEE:
Revenue:
$50,915,021
Assets:
$157,429,718
Employees:
76
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at People's Energy Cooperative

The primary purpose of the cooperative is to buy electric energy and sell electric energy to its members.

Form 990s for People's Energy Cooperative

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 15, 2020990View PDF
2017-12Feb 21, 2019990View PDF
2016-12Dec 21, 2017990OView PDF
2015-12Jan 24, 2017990OView PDF
2014-12Sep 9, 2015990OView PDF
...and five more Form 990 PDFs

Financials for People's Energy Cooperative

Field2018
Total grants, contributions, etc.$0
Program services$49,149,783
Investment income and dividends$898,771
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,350
Net gain from sale of non-inventory assets$-114,399
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-8,640
Miscellaneous revenues$988,156
Total revenues$50,915,021

Vendors for People's Energy Cooperative

VendorServicesAmount paidDate
DrupalContent management system software2020-03-03
█████ █████ ███ ██████████ ██Tax accounting2018-11-02
██████ ████ ███████Tree Clearing$1,227,3732017-12-01
███ ███████████ ███Engineering Services$201,4102017-12-01
████████ ████████████ ███Line Maintenance$1,642,6132017-12-01
██████ █████ ███████Line Maintenance$1,219,7102017-12-01
███ ███ ████ ████████Tree Clearing$708,1372017-12-01
██████████████████ ███Tax accounting2013-12-18

Personnel at People's Energy Cooperative

NameTitleCompensationMost recent data
Elaine J GarryPresident and Chief Executive Officer$210,353Dec. 3, 2018
Michael J HenkeChief Financial Officer$114,019Dec. 31, 2017
████ ████████Director of Operations$114,396Dec. 31, 2017
████████ █████Director of Member Services$104,081Dec. 31, 2017
████ ████████Director of Engineering$114,702Dec. 31, 2017
████ ███████Director of Member and Community Relations-Dec. 6, 2017
████ ██████Lineworker$113,987Dec. 31, 2017

Peer public utilities

 NameTypeRevenueLocation
1Lake Country Power501(c)(12)$93 millionGrand Rapids, MN
2Mille Lacs Energy Cooperative501(c)(12)$26 millionAitkin, MN
3Itasca-Mantrap Cooperative Electrical Association501(c)(12)$25 millionPark Rapids, MN
4East Central Energy501(c)(12)$128 millionBraham, MN
5Minnesota Valley Electric Cooperative501(c)(12)$89 millionJordan, MN
6Kandiyohi Power Cooperative501(c)(12)$21 millionSpicer, MN
7Stearns Electric Association501(c)(12)$58 millionMelrose, MN
8Southern Minnesota Electric Cooperative501(c)(12)$66 millionAlbert Lea, MN
9Crow Wing Cooperative Power and Light501(c)(12)$76 millionBrainerd, MN
10Freeborn-Mower Cooperative Services501(c)(12)$56 millionAlbert Lea, MN
11Goodhue County Cooperative Electric Association501(c)(12)$13 millionZumbrota, MN
12Benco Electric Cooperative501(c)(12)$49 millionMankato, MN
13Oakdale Electric Cooperative501(c)(12)$40 millionOakdale, WI
14Central Electric Power Cooperative501(c)(12)$238 millionJefferson City, MO
15Intercounty Electric Cooperative Association501(c)(12)$55 millionLicking, MO
16Butler County Rural Electric Cooperative501(c)(12)$31 millionAllison, IA
17Platte-Clay Electric Cooperative501(c)(12)$79 millionKearney, MO
18Laclede Electric Cooperative501(c)(12)$74 millionLebanon, MO
19Northeast Missouri Electric Power Coop501(c)(12)$94 millionPalmyra, MO
20Tri-County Electric Cooperative501(c)(12)$53 millionMount Vernon, IL
21Norris Electric Cooperative501(c)(12)$49 millionNewton, IL
22Empire Electric Association501(c)(12)$76 millionCortez, CO
23Slash Pine Electric Membership Corporation501(c)(12)$21 millionHomerville, GA
24Attn Cynthia Anderson501(c)(12)$73 millionWrens, GA
25Marlboro Electric Cooperative501(c)(12)$80 millionBennettsville, SC